Ringier buys Edipresse A.S. Romania
Ringier today announced the full acquisition of Edipresse A.S. Romania, a joint venture between the Swiss publishing group Edipresse and the German media company Axel Springer. Edipresse A.S. Romania is one of the largest magazine publishers in Romania.
Ringier thus adds to its existing activities in Romania the titles Elle, Avantaje, Look!, Psychologies, Intamplari adevarate, Povestea mea, Lucru de Mana, Povesti de Viata and Baby, as well as the Romanian licensed editions of Viva!, the youth magazine Popcorn and the Custom Publishing Division. The Swiss media company has been active in Romania since 1992 with Ringier Romania runs around a dozen print and online products, including the e tabloid Libertatea. Edipresse Romania's activities will be integrated into the Ringier Romania organization.
The acquisition of Edipresse A.S. Romania by Ringier Romania S.R.L. is still subject to the approval of the Romanian competition authority, according to a Ringier release.
